Nippon India Arbitrage Fund Overview
Category Arbitrage Fund
BMSMONEY Rank 11
Rating
Growth Option 21-05-2025
NAV ₹26.37(R) +0.1% ₹28.47(D) +0.1%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 6.96% 6.6% 5.36% 5.66% 5.84%
Direct 7.7% 7.38% 6.12% 6.4% 6.55%
Benchmark
SIP (XIRR) Regular 6.74% 7.04% 6.25% 5.87% 5.8%
Direct 7.49% 7.8% 7.01% 6.62% 6.54%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.84 0.34 0.66 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.53% 0.0% -0.02% - 0.43%
Top Arbitrage Fund
Fund Name Rank Rating
Invesco India Arbitrage Fund 1
Kotak Equity Arbitrage Fund 2
sbi arbitrage opportunities fund 3
Icici Prudential Equity - Arbitrage Fund 4
Uti Arbitrage Fund 5

NAV Date: 21-05-2025

Scheme Name NAV Rupee Change Percent Change
NIPPON INDIA ARBITRAGE FUND - MONTHLY IDCW Option 13.74
0.0100
0.1000%
NIPPON INDIA ARBITRAGE FUND - DIRECT Plan - MONTHLY IDCW Option 14.9
0.0100
0.1000%
NIPPON INDIA ARBITRAGE FUND - IDCW Option 15.8
0.0200
0.1000%
NIPPON INDIA ARBITRAGE FUND - DIRECT Plan - IDCW Option 17.53
0.0200
0.1000%
Nippon India Arbitrage Fund - Growth Plan - Growth Option 26.37
0.0300
0.1000%
Nippon India Arbitrage Fund - Direct Plan Growth Plan - Growth Option 28.47
0.0300
0.1000%

Review Date: 21-05-2025

Beginning of Analysis

In the Arbitrage Fund category, Nippon India Arbitrage Fund is the 11th ranked fund. The category has total 23 funds. The Nippon India Arbitrage Fund has shown an average past performence in Arbitrage Fund. The fund has a Sharpe Ratio of 0.84 which is higher than the category average of 0.67.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Arbitrage Mutual Funds

Nippon India Arbitrage Fund Return Analysis

  • The fund has given a return of 0.46%, 1.75 and 3.56 in last one, three and six months respectively. In the same period the category average return was 0.47%, 1.77% and 3.57% respectively.
  • Nippon India Arbitrage Fund has given a return of 7.7% in last one year. In the same period the Arbitrage Fund category average return was 7.67%.
  • The fund has given a return of 7.38% in last three years and ranked 9.0th out of 23 funds in the category. In the same period the Arbitrage Fund category average return was 7.24%.
  • The fund has given a return of 6.12% in last five years and ranked 5th out of 19 funds in the category. In the same period the Arbitrage Fund category average return was 5.92%.
  • The fund has given a return of 6.55% in last ten years and ranked 2nd out of 12 funds in the category. In the same period the category average return was 6.39%.
  • The fund has given a SIP return of 7.49% in last one year whereas category average SIP return is 7.48%. The fund one year return rank in the category is 18th in 27 funds
  • The fund has SIP return of 7.8% in last three years and ranks 14th in 23 funds. Kotak Equity Arbitrage Fund has given the highest SIP return (8.04%) in the category in last three years.
  • The fund has SIP return of 7.01% in last five years whereas category average SIP return is 6.9%.

Nippon India Arbitrage Fund Risk Analysis

  • The fund has a standard deviation of 0.53 and semi deviation of 0.43. The category average standard deviation is 0.56 and semi deviation is 0.45.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Arbitrage Fund Category
  • Good Performance in Arbitrage Fund Category
  • Poor Performance in Arbitrage Fund Category
  • Very Poor Performance in Arbitrage Fund Category


    • Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Nippon India Arbitrage Fund NAV Regular Growth Nippon India Arbitrage Fund NAV Direct Growth
    21-05-2025 26.3656 28.4671
    20-05-2025 26.3397 28.4385
    19-05-2025 26.3578 28.4575
    16-05-2025 26.3314 28.4274
    15-05-2025 26.3424 28.4388
    14-05-2025 26.3318 28.4268
    13-05-2025 26.336 28.4308
    12-05-2025 26.2891 28.3796
    09-05-2025 26.3335 28.4259
    08-05-2025 26.3534 28.4468
    07-05-2025 26.3222 28.4126
    06-05-2025 26.3289 28.4194
    02-05-2025 26.3175 28.4049
    30-04-2025 26.3058 28.3912
    28-04-2025 26.2723 28.354
    25-04-2025 26.3032 28.3857
    24-04-2025 26.2652 28.3442
    23-04-2025 26.2632 28.3414
    22-04-2025 26.2659 28.3438
    21-04-2025 26.2588 28.3357

    Fund Launch Date: 24/Sep/2010
    Fund Category: Arbitrage Fund
    Investment Objective: A conservative arbitrage fund that aims to generate income through arbitrage opportunities arising out of pricing mismatch in a security between cash and derivative segment and with derivatives segment along with investments in debt securities and money market instruments. The fund portfolio is completely hedged and takes offsetting positions on various markets simultaneously. The arbitrage fund follows a market neutral strategy and carries no specific equity risk. In the absence of adequate arbitrage opportunities, the scheme may invest in short term debt or money market securities.
    Fund Description: An open ended scheme investing in arbitrage opportunities
    Fund Benchmark: NIFTY 50 Arbitrage Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.